Commercial mortgages finance income-producing property: apartment buildings of five units or more, mixed-use, retail, office, warehouse and special-purpose assets. They are underwritten on the property's economics rather than on a household budget.
Lenders look at net operating income, the debt service coverage ratio, the condition and occupancy of the building, and your experience as an owner or operator. Structures vary: fixed and adjustable terms, interest-only periods, balloon maturities and recourse or non-recourse options all sit on the table depending on the asset.
We arrange purchase, refinance and cash-out commercial loans, including for borrowers holding title in an LLC. Bring us the rent roll and the operating statements and we'll shop the file.
Talk to us about Commercial Loans
Get pre-qualified online, or call and a broker will walk you through your options. No obligation, and pre-qualifying does not affect your credit score.
